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Leonard Pokrovski

agregó una foto Personal Finance
2025-12-17 16:01:08 -

Are student loans tax deductible? Is student loan interest deductible?
Are student loans tax deductible? Is student loan interest deductible? Short answer: The principal on student loans is not deductible, but the interest you pay on a qualified student loan may be deductible — up to $2,500 per year — subject to income limits and other rules. Below I’ll walk you through what is deductible, who can claim it, the income phase-outs, how to claim...

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Leonard Pokrovski

agregó una foto Personal Finance
2025-10-20 16:56:17 -

What Is the 50/30/20 Budgeting Rule?
What Is the 50/30/20 Budgeting Rule? Managing money effectively can feel complicated, especially with endless expenses, financial goals, and unexpected costs. Yet one of the simplest and most effective frameworks for personal finance is the 50/30/20 budgeting rule. This rule offers an easy way to balance your spending, saving, and debt repayment — helping you live within your means while...

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Leonard Pokrovski

agregó una foto Personal Finance
2025-11-06 19:18:15 -

What Will My Monthly Payment Be — and Can I Afford This Loan?
What Will My Monthly Payment Be — and Can I Afford This Loan? When you’re thinking about borrowing — whether it’s for a car, a home, education, or personal expenses — one of the first questions that comes to mind is:“What will I actually pay each month?”Right behind it comes the next, even more important one:“Can I handle this payment given my...

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